Strategic addition to AR3’s Overland Project with uranium potential from surface

Highlights:

• Acquisition expands Overland Project area: Agreement entered into to acquire EL6895 for $10,000 and to provide immediate access to a further 972km2 of strategic uranium prospective ground adjacent to AR3’s Overland Uranium Project.

• Significant gamma anomalism identified: AR3’s review of historic drilling data review identifies significant gamma anomalism from surface on EL6895.

• Potential for widespread near surface calcrete hosted uranium mineralisation: Three historic drill holes, spanning ~7km, identifies large target area for potential near surface calcrete hosted uranium mineralisation.

• New target area is ~50km south of AR3’s near surface calcrete hosted uranium occurrence: Similar style of uranium mineralisation to surficial uranium deposits mined in Namibia such as Paladin Energy’s Langer Heinrich Mine.

• Rapid testing of new target area: Overland drill program, planned to resume in late July 2025, will now include rapid confirmatory follow up drilling of the new EL6895 surficial uranium target as well as previously planned follow-up of deeper ISR amenable roll front targets in EL7001. Systematic testing of high-priority targets across Overland’s extensive ~7,700km2 tenure position will follow.